₦airaland Forum

President Muhammadu Buhari has said that Nigeria cannot afford to sell forex to parents seeking to fund their children education abroad.

Buhari said his position on the forex allocation issue followed a discovery that the high demand for forex by parents of the students studying abroad to pay their wards’ tuition fees had been putting unnecessary pressure on the Naira, which in turn affects Nigerian economy.

Convinced that the practice is responsible for the current free fall of the currency, Buhari said the country could no longer continue to sell dollars to parents to sponsor their wards in schools abroad.

He, however, said any parent who could afford forex outside of the official window could go ahead.

http://www.nairapress.com/2016/03/06/nigeria-cant-afford-forex-demand-for-students-studying-abroad-buhari/

Toh! How we for do naaaa. If the higher institutions in Nigeria were of standard, good infrastructure, with their graduates impacting the economy with sane lecturers and professors, I guess no one would want to travel out for studies buh alas ...all these are just not there Baba else your children won't have enrolled at Buckigham University UK naaaa

bigtt76:
Toh! How we for do naaaa. If the higher institutions in Nigeria were of standard, good infrastructure, with their graduates impacting the economy with sane lecturers and professors, I guess no one would want to travel out for studies buh alas ...all these are just not there Baba else your children won't have enrolled at Buckigham University UK naaaa

As your elites treat their own country like Ali baba's kingdom , those things will never happen .
Why bother when you can simply fly to Monaco and get top quality
Also , the citizens also expect everything to be free . If you do not pay commiserate taxes, never expect commiserate quality.
Infrastructure can only be free at the point of use , someone still has to pay for it beforehand.

He has just told Nigerian youths to go and die.

We warned them earlier about this old soldier, but refused to listen.

Change we voted for. Change we got.

So we can safely assume Buhari is going outside the official window to pay his children's school fees.

What a change

Hmm!